WEEKLY SUMMARY: China's iron ore price up, coke down

Prices of steelmaking raw materials including iron ore and coke in China moved toward opposite directions over July 6-10 in the context of the improvement in the domestic steel market sentiment and prices.
The country’s imported iron ore prices both in the spot and futures markets recovered on week, while spot coke prices softened with the domestic steel mills’ success in trimming the procurement prices for the first time after consistent surges since late April. China’s price of HRB400 20mm dia rebar, the barometer


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